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WASHINGTON (AP) — President Barack Obama is trumpeting a report that says a Senate immigration overhaul would reduce the deficit by almost $1 trillion over two decades. He says the time for excuses has passed.

In his weekly radio and Internet address, Obama points to a new analysis from the nonpartisan Congressional Budget Office. He says the Senate's bipartisan bill would boost the economy by more than 5 percent.

Obama isn't specifically addressing a military-style surge to border security added to the bill to win over Republicans. But he says the bill is consistent with his principles.

In the Republican address, congressman John Kline of Minnesota says Obama must show leadership to avoid an impending student loan rate hike. He says Senate Democrats are blocking both Obama's plan and a House Republican plan.